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<br /> �-�'��',..��- 16.Bonawer'e Cop�r.Hotraaer ehetl6e�tven one contorincd copy o4 the Note and of this Soc udty Ingtrument.
<br /> - m.�.�`-;,..,;.� :....`• ► � l7. Tcaastes o!tbe Propsrt mr� Bonotioial Iatereat in Sorrowor. It e11 or eny pars of tha Property or�ny
<br /> A.,.:,..�,,.�,,,�,,u,�, intarest In it fs sold a�tran�4ferred or i t a b ane t i c in l lntere�t in Aorrnaec is sold ar tcanaferred and Horroaer te not e
<br /> .: ,':,,.,, ..., �,�. natural parson)without I.ender'e p�or w�tten consent�Lendar mey�at Ite option�tequira imme4iata payment in iull of
<br />-- �'����,�'};�•��,;; all auras eooured by tltis Seour�ty Instrument. Hoaever, thte optlan ehetf nat be aaeraised by Lender ii exarciae Ia
<br /> ; ' ?r"�'-'�:^���'� . prohibited by federdi law ae oi the date oi thie8ecurityInstrument.
<br /> '`�,�;J���,�;+f,:�' It Lender axerolses thle aption,Lender shall gtva Horrower notice of acceleration.The nottcaehsU provlde a perfod
<br />- ,,�, at not less than 30 deys trom the date the aottce is delivered or mailed within whioh Horrawer must pay atl aums seauced �_—__� _ __ _ _
<br />- 6y this Seeur�ty Instrumont.It Horrower faila to pay thesa aume prior ta the expiratton at this periad.Lander may invoke
<br /> � '� � any ramedies pormitted by this Skaurity Inatrument aithout f uether nottce ar domand un Borrotiver. � -- - - - -
<br /> '�� `� ��� 18. Borrower'e Ri�dt to Reinstste. It Borrower meets certatn conditiana Borrower ahalt hsve the tight to have
<br />- � '� � eniorcemant ot th�s Seaurity Inatrument d iscon t in u e d st any t lme p r ior t o t he ear�t e r a f:(a)S d s y s(o r s u a h o t h e r p e r f o d __
<br /> �.. � " as applicabld law mey spcaity tor reiastntement)beiore sale oi the Propercy porsueat w any power of eala contained in __-___
<br /> , ° t h i a S e a u r i ty I n s t r u m e n t; o r (b) e nt r y oi a jud gment enforoin g this SeeurIty Inetrument.Those conditlons are that — _, --
<br /> � . B o r r o w e r: (e) p a y a L e n d e r a l I su ms ahiah then would be due undar this Seaurity Instrumentand the Note ao ii no �'��*-,
<br /> acceleration had ocaurced; J��"
<br /> (bj oures eny defauit oi any other covenants or agreemants;(e)pays e l l expensas tncu n e d in '�;.. �:_-------
<br /> l".� .-?-"�=_�=�-_-- . --
<br /> „ . . er►forcing thls Seaurlty Inatrument,�naludtng,but not limited ta� reasonablo attorneys'tees�and(d)takes such eation ae �,_,� __-
<br /> L e n d e r m ay r e a s o n e b ly requtro to assuro that the 1�en of this Seaurity Instrumant, gh pe y ;�`=;'•-�—
<br /> Lender s d te tn the Pro rt and ,y�,:,•+ -
<br /> � 5 " Borrower's obllgetion to pay the aums seaured by thisSeaurIty Instrumont shall continue unohangod.Upon reinetatement .;:����-���
<br /> i �� by Borrower.this Securtty Instrument end tha o b l iga t ions seau r e d h e r a by e h e U r e m s i n f u l l y e i f e c t i v e a s i t n o a c c e l e r a t io n T=- -,.�
<br /> � �,���xa
<br /> had accurted.Howaver�this rfght to teinstatashall not apply in the case oi acceleratian under paragraph 17. � t ,�ri�_�:�__;�-
<br /> •• l9.S�te ot Note;Ch�A=e of Lwa Servicer.The Aote or s partial intarest in the Note(to ether with this Seaurtty � -
<br /> Instrumxnt)may ba sold oae or more ttmes wlthout prIor notice to Botrower.A sale may result�n a ahenge in theentlty ��,�- ��
<br /> (known as the"Loan Sarvicer")that eolleate monthly psyments due under the Note and tMa 3ecurlty Inatroment.There ;;: ,-;�--
<br /> __ _. ._.: _.__ _ �_. aiso may be ona or more changea of the Loan Servicer utuelated to a sale of the Note.It tt►ere Is s ohange of the Loan � .`-
<br /> Servtcer,}3orrower wili ba given wricten no�ice of tho changa in a�;cordancs wlih psragraph� !4 abav�and sgplicable law. -.-- —
<br /> � ' The nottca aill etate the name and addreas of the nea Loan 3ervice�and the address to wh3ch payments should be mada. .�
<br /> , � 'fha notica will also contaia any other informetton requited by applicable law. .> - -
<br /> " � 20. Haz�rdous Substences.Borrower ehail not cause or it the presance,usa,disposal,storega.or release oi
<br /> � ' any Hazerdoua Substances on or in the Property.Borcower ahal not do�nor allow enyone else to do,anything affecting � :
<br /> - �,� the Property that ie in violatjon of eny Envimamental Law.The preceding two sentences shall not apply to the presence,
<br /> use, or atorage on the Property of small quantities of Hazardous 5ubstancea that are generally recognized to ba "' '
<br /> approp riate to normal reaidantial uses and to maintananca of the Property.. �� _��
<br /> Borrower shall promptly give I.ender aritten nottca of any i nvestigAtion,claim,demand,lsasuit or other action by
<br /> any govemmental or regulatory agency or privato patty involving the PropaMy and any Hazerdoua Substance or �r
<br /> Bnvlronmentet Law oi which Borrower has actual kr�aRted�e.If Borrower learns,or ts notified by any governmental or .' ;;
<br /> '� regulatory authority, that any removal or other remediation ot any Hazetdous Substance affecting the Proparty is •
<br /> .. ,:_ .-_ ._.—._: �
<br /> necessary,Bonower shall promptl�take ati necessary remediai actiona m accor<1nn�ro wiii►L?nvironc�iental I.aw. - _ '
<br /> Aa used in this paregreph 20, Hazardoua Substences"ara those subatances defined es toxtc or hazardous substances ° ��
<br /> by Bnvlmnmental Law and tha following substances:gasoline,kerosene,other tlammable ur toxic petroleum producte, -
<br /> „ toxic pesticides end herbicides, volatile solvente. materials conta�ning esbestoa or formaldehyde, and radiaactive .���
<br /> matenals.Aa used in this paragraph 20,"Envicnnmental Law"means federal laws and 1nwR of the jurisdiction where 4he
<br /> Property ia located that telate to health,safety or envita�mental protection. '�
<br /> :�O*:-U:L'IFOR:�SCO�'EN1:�"!'3.BorronersndLenderturthercovenentenAAg�,eaf�ll�ws: _ .____ __ ._
<br /> 21. Acceleratioa; Remedies. Lendor shall give notice to Borroaer prior to acceleretioa fotlowing
<br /> . Borrower's breach of aay covenant or agreement tn thts Securlty Iastrumeat (but aot prior to acceleratton �' ,
<br /> under psragraph 17 unless appliceble law provtdes otherwlse).The not�ce sha11 spectfy: (a) the deisult;(h)the ry
<br /> action required to cure the default; (c)a date,aot less than 30 days from the dnte the notice is given to r
<br /> � Borrower. by wdich the default must be cured;and (d)thst tsilura to cure the default oa or be[ore the dete � ,:, , �
<br /> specified in the notice rt�ay result in ecceleration of the suctis secured by this Security Inetrument aad sale of ` �
<br /> the Property.The notice shall further ia[orm BorroNer of the rtgbt to reinatste aiteracceleratioa snd tha •'�%�"��—
<br /> ,��,._�_
<br /> right to bring a court actioa to essert the non�cxiatence ot a detault or any other detense ot Borrower to . ���;,�j�::�� .
<br /> acceleration ead sale. If the default is not cused on or before the date speclfied ia the notice,Lender.at its
<br /> • option. may requlre immediate payment in full of ell sums secured by this Secutlty Inatrument without � . --
<br /> - turtder demead and may inv�ke the Qower At sale and any other remedles parmitted by appllceblo law. _ .�_,
<br /> Leader s6e11 be entitled to collect ell expenses iacurred in pursuing the remedfes provided ia this paragraph
<br /> 21.including,but not limited to,reasonable attorneys'fees end costsof titleevideace. ` .
<br /> It the power ot sale is iavoked.Trustee sheU record a notice of default in each coun ty t n which any part of ! � -,
<br /> the Property is located and shall mail copies ot such notice in the manner prescribed by eppticable law to � �
<br /> $orrower and to the other persons Prescribed by applicable law. Atter the time required by ap�licable law.
<br /> Trustee shall give public aotice ot sale to the ersons and in the manner prescribed by apPl icable le�v.Trustee, ' : �
<br /> �vit6out demand on Borrower,shall sell the�roperty at public auctinn to the highest bidder at the time and
<br /> � place and under the terms designated in the notice ot sale in one or more parcels end in any order Trustee :
<br /> determiaes.Trustee mey postpone sate ot all or any parcel of the Property by public an nouncement at the '
<br /> time and place of any previously scheduled sale. Lender or its designee may purchese the Property at any � ,
<br /> sale.
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<br /> • Form 5026 9/90
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